RX-93

RX-93 Updated 

1) D1 previously shows strong uptrend and price bounce in the channel until it broke out creating a new downtrend channel. 2) In H4, price is making a downtrend channel and currently bouncing at H4 Demand Zone as drawn. 3) We should wait for the price to go up and enter the H4 Supply Zone as drawn and should be good to Short. 4) If the price breaks the H4...

RX-93

As posted on September 18, we should be patience with this pair. . . 1) D1 seems like the uptrend has paused. 2) H4 is making a Head & Shoulder Pattern. 3) Zooming in to H1, you can see price making a strong Demand Zone by forming a Doji candle, thus making it a Rally Base Rally Demand Zone (1.17409 - 1.17609). 4) To confirm the zone is strong enough, we can...

RX-93

1) D1 seems like the uptrend has paused. 2) H4 is making a Head & Shoulder Pattern. 3) Zooming in to H1, you can see price making a strong Demand Zone by forming a Doji candle, thus making it a Rally Base Rally Demand Zone (1.17409 - 1.17609). 4) To confirm the zone is strong enough, we can see that price has been rejected times when it touches the zone. 5)...

RX-93

1) D1 shows uptrend but right now it seems like it pause for a moment. Bullish trend seems "exhausted" and have to come down for a while(in my opinion) 2) Zooming in to 15 minute chart we can see a Rally Base Drop, thus forming a possible supply zone. 3) Stoploss should be place just a few pips above the Supply Zone in case market continues to rally. . . This is...

RX-93

1) D1 shows Rounding Bottom and highest price capped at around 1.59. 2) Zooming to H4, price respected downtrend channel by bouncing inside the channel, thus creating the "Handle". 3) Demand Zone was marked from previous price (23 Jul 2020). . . I expect the price to go back to the demand zone and bounce up, if it break the channel after bouncing from the supply...

RX-93 Updated 

1) Zooming out to D1 we should see a clear uptrend channel and the price is bouncing inside the channel, still. 2) 4 Hour chart also confirms that the price is bouncing inside the uptrend channel. 3) You should see a clear Double Top in the 4 Hour chart as the price capped at almost the same level which is at 126.6 . 4) In the 15 Min chart you can see clearly...